A leading international contractor
|Traded as||ASX: LEI|
|Industry||Construction, Civil engineering|
|Headquarters||St Leonards, New South Wales, Australia|
|Marcelino Fernandez Verdes, Executive Chairman
Marcelino Fernandez Verdes, CEO
|Revenue||A $23.13 billion (2012)|
|A $773.2 million (2012)|
|A $450.1 million (2012)|
Leighton Holdings is a leading international contractor. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries. It has operations in Australia, South East Asia, New Zealand, and the Middle East.
Founded in 1949 by Stanley Leighton, an Englishman, Leighton Holdings was first listed on the Melbourne Stock Exchange in 1962. It established an operation in Asia, known as Leighton Asia in 1975.
In June 2014, CEO Marcelino Fernandez Verdes elevated to executive chairman following the retirement of board member Bob Humphris.
Leighton Contractors is the core contracting business around which the rest of the structure of the Leighton Group has been formed.
John Holland Group
Leighton Holdings owns the John Holland Group, another Australian construction group. Founded in 1949 by John Holland (later Sir John Holland), this entity built Parliament House in Canberra in joint venture with Concrete Constructions, a structure completed in 1988. It has recently been awarded the contract to expand Melbourne Airport. The holding in John Holland was acquired in two stages: an initial 70% in 2000 and an extra 29% in 2004. The final 1% was finalised in December 2007. John Holland Group holds an investment in the Asia Pacific Transport Consortium.
In December 2014, Leighton Holdings entered a binding agreement for the sale of John Holland to Chinese construction giant, CCCC International Holding Limited, a wholly owned subsidiary of the Chinese Communications Construction Company. The sale of John Holland was completed for approximately A$1.15 billion.
Leighton Holdings also owns Thiess, an Australian integrated construction, mining and services provider, and Thiess Services, an environmental and utilities contracting organisation and an subsidiary of parent company Thiess. Originating in Queensland in 1934, Thiess became a part of the Leighton Group in 1983 when Hochtief first bought shares in Leighton.
The business owns a 45% share in the Al Habtoor Leighton Group, one of the leading construction groups in the Middle East.
Leighton Asia, India and offshore
The business is a property development company in commercial, residential and mixed-use precincts, established in 1972 and operating in Australia.
Major projects undertaken by Leighton Holdings include the Ross River Dam completed in 1971, the Anglo-Australian Observatory completed in 1971, the Burdekin Dam completed in 1987, Brisbane Airport completed in 1988, the ABC Centre in Ultimo completed in 1991, the Eastern Distributor tunnel completed in 1999, the Clem Jones Tunnel completed in 2010, the Gateway Bridge Duplication completed in 2011, and the Airport Link in Brisbane which was opened in 2012.
- Leighton Holdings Website
- Hochtief installs own CEO at helm of Leighton, sweetens offer to raise majority stake, International: Reuters, 2014
- "Leighton CEO appointed executive chairman". Fifth Estate. 11 June 2014. Retrieved 27 December 2014.
- Bright sparks biography
- Project Team reunion
- Runway contract confirms Melbourne as Australia's first A380 ready city
- "Leighton signs agreement to sell John Holland to CCCC" (PDF). 12 December 2014. Retrieved 27 December 2014.
- "About us: history". Leighton Holdings. Retrieved 27 December 2014.
- "Eastern Distributor". Leighton Holdings. Retrieved 27 December 2014.
- "The Clem Jones Tunnel - An engineering feat". Retrieved 27 December 2014.
- "Leighton Abigroup to build Brisbane's Gateway Bridge". Earthmover & civil contractor. October 2006. Retrieved 27 December 2014.
- "Leighton, Macquarie win contract to build Brisbane airport link". Herald Sun. 19 May 2008. Retrieved 27 December 2014.
- Financial report 2014